Sorry for the naïve question, but I'm just really curious. What would happen to Bitcoin price if, for example, Trump declared all cryptocurrencies forbidden?
Can Bitcoin survive because of decentralization or some other underlying tech concepts, or will it simply drop down into oblivion if the government decides to fight it for real?
He might be an idiot but I'm pretty sure that he also knows the potential of a technology. I bet he would never do that because their neighboring countries like Japan, Russia, China and etc are utilizing it in it's early stage even that some of them had ban ICOs.
If governments are authorized to decide on Bitcoin's acceptance, YES.
You are right, because if it was not necessary, BTC would not be valuable as it is. But, on the other hand, it is not right to blame them. They can not hand over the economy to such a money with volatile price.
